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2022
Flag → Flag
Exports $158MRnk 6 / 157
2022
Flag → Flag
Top Product $72.7MCobalt
2022
Flag → Flag
Exports $41.7MRnk 150 / 224
2022
Flag → Flag
Top Product $3.34MLiquid Pumps
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 115 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$15BCURRENT US$
Rnk 131 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 104 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC $505CURRENT US$
Rnk 182 / 186
2012-2022
Flag
GDP PC GROWTH0.17%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Madagascar-Netherlands Trade: In 2022, Madagascar exported $158M to Netherlands. The main products that Madagascar exported to Netherlands were Cobalt ($72.7M), Vanilla ($34.5M), and Raw Nickel ($17.3M). Over the past 5 years the exports of Madagascar to Netherlands have increased at an annualized rate of 2.34%, from $141M in 2017 to $158M in 2022.

In 2022, Madagascar did not export any services to Netherlands.

Netherlands-Madagascar Trade: In 2022, Netherlands exported $41.7M to Madagascar. The main products that Netherlands exported to Madagascar were Liquid Pumps ($3.34M), Special Purpose Ships ($3.33M), and Special Pharmaceuticals ($2.56M). Over the past 5 years the exports of Netherlands to Madagascar have increased at an annualized rate of 0.55%,  from $40.5M in 2017 to $41.7M in 2022.

In 2022, Netherlands did not export any services to Madagascar.

Comparison: In 2022,  Madagascar ranked 115 in the Economic Complexity Index (ECI -1.08), and 133 in total exports ($4.25B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Madagascar exported $158M to Netherlands. The main products exported from Madagascar to Netherlands were Cobalt ($72.7M), Vanilla ($34.5M), and Raw Nickel ($17.3M). During the last 5 years the exports of Madagascar to Netherlands have increased at an annualized rate of 2.34%, from $141M in 2017 to $158M in 2022.

In 2017, Netherlands exported $41.7M to Madagascar. The main products exported from Netherlands to Madagascar were Liquid Pumps ($3.34M), Special Purpose Ships ($3.33M), and Special Pharmaceuticals ($2.56M). During the last 5 years the exports of Netherlands to Madagascar have increased at an annualized rate of 0.55%, from $40.5M in 2022 to $41.7M in 2017.

Exports from Madagascar (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to Madagascar (Flag) (2022)

Latest Data

Trade between Madagascar (Flag) and Netherlands (Flag)

Madagascar Exports

Netherlands Exports

Market Competitiveness

Color
Madagascar
Top DestinationUnited States$756M
Netherlands
Top DestinationGermany$131B

This map shows whether countries import more from Madagascar or Netherlands. Each country is colored based on the difference in imports they receive from Madagascar and Netherlands or the difference in the growth in imports.

In 2022, countries that imported more from Madagascar than Netherlands included Comoros ($7.03M).

In 2022, countries that imported more from Netherlands than Madagascar included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands (Flag) and Madagascar (Flag) (2022)

Comparative Advantage Madagascar - Netherlands

Flow
Scale

This chart compares trade between Madagascar and Netherlands by product, considering products traded by both, Madagascar and Netherlands.

During 2022, Madagascar had a large net trade with Netherlands in the exports of Metals ($90M), Vegetable Products ($40.6M), and Foodstuffs ($15.1M).

During 2017, Netherlands had a large net trade with Madagascar in the exports of Machines ($13.4M), Chemical Products ($7.54M), and Transportation ($6.74M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Madagascar Netherlands+$21.9MRaw Nickel
Top Product Potential Netherlands Madagascar+$2.09MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Madagascar and Netherlands. This means that a dot/product with the flag of Madagascar indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Madagascar.

Product Space of Madagascar (Flag) and Netherlands (Flag) (2022)

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